NEW YORK— Home improvement retailer Lowe's said Friday that it will add $5 billion to its spending plan for buying company stock. The Mooresville, North Carolina- based company still has $2.4 billion left over from its previous program, bringing the fund to $7.4 billion. Shares of Lowe's Cos. have climbed 52 percent over the last year and are trading around...» Read More
Following a 66-percent rise in Home Depot shares and a 45-percent run in Lowe’s stock during the past year, one analyst said the rivals’ stocks are now trading at very similar valuations.
Budd Bugatch, Raymond James & Associates, breaks down the retailer's higher-than-expected quarterly profits and takes a look ahead at its growth prospects.
The "Squawk on the Street" news crew reports on today's market-moving stories, including a look at Home Depot's earnings beat; JC Penney's turnaround plan; and a leadership change at Microsoft.
The home improvement retailer reported Q3 EPS of $0.74 vs. $0.70 est. on revenues $18.1 billion. Brian Nagel, Oppenheimer & Co. analyst explains how the company is benefiting from an improving housing market.
Lowe’s has been rising with the recovery in the housing market, and yesterday the home-improvement chain saw some bullish option activity.
Following a weak earnings report from Lowe’s, one analyst advised investors to refrain from viewing the release as a weakening in home improvement retail and instead look into rival Home Depot’s shares.
Although U.S. retail sales posted strong gains Tuesday on the heels of Home Depot's better-than-expected quarterly profit, one analyst forecast a tougher spending environment in the second half of the year.
Looking for the perfect location for your new retail business? Consider setting up shop inside a "big box" retail store.
Christopher Horvers, JPMorgan retail analyst, and Daniel Binder, Jefferies & Co research analyst, break down the Q1 earnings and outlook on the home retailer.
Home Depot reports Q1 comp store sales rose 6.1% in the U.S., while revenue came in light at $17.808 billion vs. $17.957 billion estimate. Laura Champine, Canaccord Genuity Securiites, breaks down the first quarter numbers on HD, and discusses the outlook on home improvement in the retail space.
Mad Money's Jim Cramer explains why Stanley Black & Decker shares got pounded after delivering disappointing headline numbers, but defends the stock by pointing out to investors that the company's fundamentals are much better than the big sell-off indicates.
Man caves? Jacuzzis? Great rooms? Who needs them? Big, fancy and expensive are out; small, utilitarian and frugal are in. Oh, and so is the outdoors!
Jim Cramer’s researcher, Nicole Urken, shows examples of divergence among stocks in the same sector.
You can count on these five names no matter what’s happening in Europe, the “Mad Money” host says.
Despite the European debt crisis, there are still companies you can count on, like Home Depot, the “Mad Money’ host says.
A look at unusual activity in Home Deport stock, and a preview of HD's earnings and break down of Lowe's numbers, with Scot Ciccarelli, RBC Capital Markets, and how to play it, with the Fast Money Traders.
The "Mad Money" host and his researcher, Nicole Urken, discuss how investing is not a science, it's an art.
With the markets in turmoil, the Fast traders had a handful of stocks on their radar Monday. Find out how they are trading H-P, Lowe's and FedEx.
The "Mad Money" host looks at which home improvement retailer's stock is the best buy.
The upcoming listings of retailers Coach, Prada and Samsonite in Hong Kong are a sign that the future growth of the retail and luxury industry is in China, according to one analyst.